Reinsurance News

BGC Insurance adds Marsh exec to aviation & space brokerage

2nd August 2019 - Author: Matt Sheehan

BGC Insurance Group (BGCI), a division of BGC Partners Inc., has announced the addition of Mark Costin to its new global aviation and space re/insurance brokerage.

BGC PARTNERSCostin joins BGCI from Marsh JLT Specialty, where he served as Chief Executive Officer (CEO) for its Aviation and Aerospace division.

He arrived at Marsh in 2002, having previously worked at Willis Towers Watson.

Now, Costin will take up a new position as Senior Partner at BGCI’s new brokerage, starting in his role on completion of notice period obligations.

He will work alongside President Marcel Chad and CEO Philip Smaje, whose appointments were announced by BGCI in June and July, respectively.

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Chad commented on the latest addition: “We have set out a compelling vision and ambition to build an entrepreneurial environment that will attract diverse and high calibre talent from across the industry, aligned with innovative technology resulting in a truly differentiated client value proposition.”

“Mark’s appointment further reinforces our commitment to the aerospace sector,” he remarked. “Together we will continue to build a potent alternative global proposition for clients. I am delighted, both personally and professionally, to welcome Mark to our growing team.”

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